MULTI SPORTS HOLDINGS LTD

KLSE (MYR): MSPORTS (5150)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

3,700 comment(s). Last comment by moornaga 2021-05-28 17:38

TAH

797 posts

Posted by TAH > 2016-05-06 15:15 | Report Abuse

Wow , a lot investors book 3 sen oh!.There is a very popular Malay song , jangan tunggu lama2, nanti di ambil orang, ke ke ke

TAH

797 posts

Posted by TAH > 2016-05-06 15:18 | Report Abuse

I3 investors wake up

TAH

797 posts

Posted by TAH > 2016-05-06 16:13 | Report Abuse

Quick buy oh, time is limited .Monday limit up when Ar2015 is produce

leno

6,123 posts

Posted by leno > 2016-05-06 16:17 |

Post removed.Why?

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:24 | Report Abuse

Leno. No worry. Company very rich. Only the owner is of funny character. Internal auditors cannot tahan, they can resign lah. Afterall the 2 inetrnal auditors are young graduates cannot tahan owner's pressure. I buy another 500,000 lah. Buy and keep for privatisation. Sure WIN one.

curious2

1,812 posts

Posted by curious2 > 2016-05-06 16:27 | Report Abuse

3 sen sapu all. Good news coming?

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:30 | Report Abuse

I said buy, sure buy one. Opportunity like this only Malaysia can find. You go buy in Taiwan, you cannot get this price at 3 sen. Once owner got very very angry, this counter close for privatisation, buyers all Huat lah. 3 sen don't buy, want to wait for 10sen to buy meh?

bobojaja

57 posts

Posted by bobojaja > 2016-05-06 16:30 | Report Abuse

AR will be issuance before suspending of security.

leno

6,123 posts

Posted by leno > 2016-05-06 16:31 |

Post removed.Why?

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:36 | Report Abuse

http://www.bloomberg.com/quote/911626:TT
The effect is because of Malaysian reactions towards this counter. But Taiwan still strong at 2.40 per Msports share.

bobojaja

57 posts

Posted by bobojaja > 2016-05-06 16:37 | Report Abuse

syndicate aim to push to 2.5sen, unfortunately...they can't...sorry liao.

bobojaja

57 posts

Posted by bobojaja > 2016-05-06 16:38 | Report Abuse

the buying power at 2.5sen....too strong!

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:38 | Report Abuse

One Ringgit equals 8.08 Taiwan Dollars. Therefore 2.40 Taiwan Dollars equals RM0.29 or 29sen. today

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:40 | Report Abuse

If money missing, Gill Singh will sue Msports for us. We Malaysians mah.

bobojaja

57 posts

Posted by bobojaja > 2016-05-06 16:41 | Report Abuse

confident keep coming back....3sen zoom in liao...

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:42 | Report Abuse

We have big big lawyer Paramjit Singh Gill as our supporter, still Malaysians scare like Kucing....meow meow...

bobojaja

57 posts

Posted by bobojaja > 2016-05-06 16:53 | Report Abuse

Anybody wish to walk or run may do so now.

Beststock

1,034 posts

Posted by Beststock > 2016-05-06 16:58 | Report Abuse

The one who want to push the price down sold only 300 shares at 2.5 sen? Hahaha......Who would want to do that. If Mr Lin wants to do that, he better buy back all the open market shares now because people are accumulating Msports and wait for delisting in the Malaysian Market.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-05-07 02:55 | Report Abuse

Msports wouln't gone one, only stupid will think so, because msports got biz in Taiwan also, if you think whole taiwan also stupid , then only you the clever one. this is panic sell now, because they takut all their money will gone, But msports will recover soon, dont wo

Posted by _OptimusPrime_ > 2016-05-07 02:58 |

Post removed.Why?

Posted by _OptimusPrime_ > 2016-05-07 03:00 | Report Abuse

the last china stock i traded was Huan. it was 70c if i remember.

pls tell me its also 3 cent now and never submit their financial report. wakakkakaa.

opps, they probably have fixed deposit of rm500m or rm900m in China bank, as Koon would believe it.

Posted by _OptimusPrime_ > 2016-05-07 03:01 | Report Abuse

come to think of it, Mr koon would easily believe any woman in maternity ward as a virgin. as long as the woman insist she is.

TAH

797 posts

Posted by TAH > 2016-05-07 10:30 | Report Abuse

Huaan cannot compare to Msport cos Huaan got Rm 26m cash while Msport got Rm340m. Vast different mah!

PureBear

249 posts

Posted by PureBear > 2016-05-07 11:38 | Report Abuse

"Based on Bursa’s listing requirements, a substantial shareholder needs to give notice on their acquisitions or disposals two weeks from the day they buy or sell the shares."
http://www.thestar.com.my/business/business-news/2016/05/07/koon-in-the-spotlight-over-untimely-disclosures/

If Paramjit or Erwin started selling from 26 Apr (day after first suspension announcement), they have up to 2 weeks to make announcement which is 10 May (the suspension day). By the time you know, it is already too late!

TAH

797 posts

Posted by TAH > 2016-05-07 11:54 | Report Abuse

Mr Paramjit n Mr Erwin, combining stakes 21%. Both just need to buy another 12% to trigger takeover.
If takeover do take place,very likely, the 13 supporters, will laugh all the way to Bank. ke ke ke !!!!!!

PureBear

249 posts

Posted by PureBear > 2016-05-07 12:04 | Report Abuse

Takeover an empty shell?

TAH

797 posts

Posted by TAH > 2016-05-07 12:16 | Report Abuse

If Msport is a shell company, the Taiwanese will the first one to throw. Why still 30sen ?

Beststock

1,034 posts

Posted by Beststock > 2016-05-07 14:23 | Report Abuse

Exactly. Luckily we have Taiwan market to tell us they are buying at MR0.30. Despite Taiwan market optimism, unfortunately, Purebear, OptimusPrime and all those sceptics are still fearing and throwing this counter at 3 sen. What's a free gift to us. We may not laugh now but if we hold the shares longer, our gains may come back in multiple times. I strongly feel Msports is going private soon and going private is so easy to do. Once privatised, Msports shareholders are all laughing all the way to the bank because Msports have to use their money to buy back all the Malaysian shares at a much higher price.....not 3 sen but 30 sen at least if they decide to follow the Taiwan's price.

Beststock

1,034 posts

Posted by Beststock > 2016-05-07 14:35 | Report Abuse

Another possiblilty is what TAH says, Takeover offer. I concur with TAH too.

PureBear

249 posts

Posted by PureBear > 2016-05-07 17:24 | Report Abuse

When people are desperate, they will believe in anything! LOL.

Beststock

1,034 posts

Posted by Beststock > 2016-05-07 18:15 | Report Abuse

What desperate? All are audited and printed in Msports Audited Report. If you don't believe in audited financial reports published by public listed companies, then you might as well don't believe in Share Market at all. Why talk about shares?

leno

6,123 posts

Posted by leno > 2016-05-07 19:49 |

Post removed.Why?

rockycleft

880 posts

Posted by rockycleft > 2016-05-08 13:45 | Report Abuse

Chow pun ccccccccccccaaaaaaaa?..

Beststock

1,034 posts

Posted by Beststock > 2016-05-09 14:52 | Report Abuse

Taiwan Msports dropped 45% mainly influenced by the Malaysians' reaction towards Msports in these 2 years. If Malaysia Msports did not dropped so low, Taiwan Msports would be steady there. Malaysians all along are very shy of Chinese Stocks maybe many got conned by them before. But with the substantial inflows of investments from China recently into 1MDB, Iskandar Johore, Malacca and many other places in Malaysia, I am sure Chinese Stocks will pick up sooner or later. Buying Msports for 3 sen a share is a very big margin of safety when the stock actually worth RM1.11 a share. Even the bonus warrants are priced at RM0.18 a warrant if you want to convert to mother share. I just pray one day this Msports shares will fly once people realise the amount of funds are real, businesses are real and assets are real. To me, I have full faith in Msports accounts unless their accounts are fake all the while.

Beststock

1,034 posts

Posted by Beststock > 2016-05-09 16:10 | Report Abuse

The above Company has failed to submit its Annual Report that includes the
annual audited financial statements together with the auditors' and directors'
reports in respect of the financial year ended 31 December 2015 ("AR 2015") to
Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within
the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of
Bursa Securities' Main Market Listing Requirements ("LR"). Pursuant to
Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding
financial statements within 5 market days after the expiry of the relevant
timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the
last day of the 5 market days is referred to as "Suspension Deadline"), in
addition to any enforcement action that Bursa Securities may take, Bursa
Securities shall suspend the trading in the securities of such listed issuer.
The suspension shall be effected on the next market day after the Suspension
Deadline. In view of the above and in the event that MSPORTS is unable to
submit the outstanding AR 2015 on or before 9 May 2016, the trading in the
above Company's securities will be suspended with effect from 9.00 am, Tuesday,
10 May 2016 until further notice. Pursuant to Paragraph 9.28(6) of the LR, if a
listed issuer fails to issue the outstanding financial statements within 6
months from the expiry of the relevant timeframes, in addition to any
enforcement action that Bursa Securities may take; de-listing procedures shall
be commenced against such listed issuer.
VP, Listed Issuers
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Msports to Close shop effective tomorrow until further notice unless AR2015 is submitted today.

diqiuhao

165 posts

Posted by diqiuhao > 2016-05-09 16:14 | Report Abuse

fuk.....tomorrow bye bye leow with this counter

leno

6,123 posts

Posted by leno > 2016-05-09 16:14 |

Post removed.Why?

diqiuhao

165 posts

Posted by diqiuhao > 2016-05-09 16:15 | Report Abuse

should sell or wait

Msports

153 posts

Posted by Msports > 2016-05-09 16:17 | Report Abuse

Got direct business transation announced today for 500K shares. Paramjit Singh buying?

leno

6,123 posts

Posted by leno > 2016-05-09 16:19 | Report Abuse

sell ... and u can sleep well ...

Beststock

1,034 posts

Posted by Beststock > 2016-05-09 17:07 | Report Abuse

WOW.....Going stronger by end of the day. Tomorrow announcement maybe Good. Msports ended 0.005 sen up and Warrant also 0.005 sen up. No last minute throwing in a large scale. Bravo Msports. Huat Huat Huat.....once open counter tomorrow or close for 6 months.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-05-09 17:38 | Report Abuse

tomorrow is a big day , huat arr

flyup888

455 posts

Posted by flyup888 > 2016-05-09 22:24 | Report Abuse

when can know the answer?

leno

6,123 posts

Posted by leno > 2016-05-10 08:54 | Report Abuse

okie dockie ... see y'all in 2 months time ... bbye.

Posted by leo1234567 > 2016-05-10 10:29 | Report Abuse

停止交易了,能再恢復交易嗎?投資人可以跟公司求償嗎?
高價IPO後就一路跌,有賺錢也不配股利,現在連財報都故意不交,讓股價跌到底再回收買回,
讓投資人賠慘了,就跟詐騙集團一樣

Beststock

1,034 posts

Posted by Beststock > 2016-05-10 12:58 | Report Abuse

Yes. See how Msports fares in 2 months time. If good news, Msports fly high. We all laughing to the bank. If no good, all money invested in Msports gone. Cheated as another Lesson learned. In my opinion, 75% good, 25% no good. Good because I believe in their Audited Account is genuine and Msports is a rich company. Bad because Msports cheated us and the whole world and produced a Fake Audited Accounts all along. The second one can land many people in jail....includes The MD, Directors and External Auditors. See how it goes.

Beststock

1,034 posts

Posted by Beststock > 2016-05-10 13:05 | Report Abuse

From my Accounting experience, if a group has no money in the bank, probably the amount due to Creditors should be high and the Debtors also very high. But in Msports case, Creditors are low and Debtors also the same. Only the Bank Funds are very high and yet Mr Lin does not want to declare dividends. This is really funny too.

Beststock

1,034 posts

Posted by Beststock > 2016-05-10 13:11 | Report Abuse

AS at 31-12-2015, they have RM328 Millions in the bank. Owing to Creditors only 40 Millions while 114 Millions still owing from Debtors. This is a very healthy company. Why their boss sold his 20 Millions shares in Feb 2016 and why Mr Lin refuses to pay dividend at all looks awful. But by looking in their audited accounts, everything seems perfect. ???

Beststock

1,034 posts

Posted by Beststock > 2016-05-10 13:12 | Report Abuse

Correction : Creditors only owing RM36 Millions, not 40 Millions.

Beststock

1,034 posts

Posted by Beststock > 2016-05-10 13:18 | Report Abuse

Normally a scam company should has very high Creditors and Very Very High Debtors and Inventory. But in Msports case, inventory is only 7 Millions.
If a scam company wants to cheat, they can hardly has the chance to use Bank Funds to cheat as Bank Funds are supported by International Bankers with Bank Statements and Bank Confirmations needed by the Auditors.
Normally, public listed companies would cheat by using a high Stock Figure, High Debtors and Creditors. But in Msports, these suspicious figures are not present at all. Food for thoughts.

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